Global Markets React to US-Iran Tensions Amid Rising Oil Prices and Inflation Concerns
Global markets showed cautious optimism as the US and Iran agreed to pause conflict escalation and plan talks in Qatar, easing tensions after recent Middle East strikes. US equity futures rose modestly, while Asian shares dipped amid concerns over rising oil prices and inflation. Despite geopolitical risks, the US stock market is set to close a strong first half of 2026, supported by robust consumer spending and tech sector gains. However, uncertainties remain due to inflation and energy market volatility.